EXPO
Exponent, Inc.
EXPO has slightly lower modeled downside risk, despite its lower overall score.
VRT
Vertiv Holdings Co
VRT has the edge over EXPO overall, supported by stronger modeled upside and stronger valuation.
EXPO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
EXPO's revenue, profitability, cash flow and balance sheet are all currently healthy.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
EXPO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 33x | $86.22 | — |
| Cheap | 36x | $82.56 | -4.2% |
| Current | 37x | $86.22 | — |
| Fair | 47x | $109 | +27% |
| Expensive | 55x | $127 | +48% |
Historical ranges are pointers, not guarantees.
EXPO's PE is in its cheap range at 37x. If earnings grow as analysts expect, today's price would be 33x next year's earnings.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT has the edge over EXPO in the historical PE scenario, which offers more potential upside but is not a forecast.
EXPO Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for EXPO, with profitability improving.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for VRT, with profitability improving.
EXPO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.58 | +12% |
| Q3 2026 | $2.31 | +13% |
| Q2 2026 | $2.22 | +12% |
| Q1 2026 | $2.14 | +4.9% |
| Q4 2025 | $2.07 | -1.9% |
| Q3 2025 | $2.04 | -1% |
| Q2 2025 | $1.99 | -2.5% |
| Q1 2025 | $2.04 | +3.6% |
| Q4 2024 | $2.11 | +8.8% |
EXPO earned $2.31 per share over the past year, up 13% from the year before.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over EXPO on earnings, with more consistent year-over-year improvement.
EXPO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $173.7M | +18% |
| Q2 2026 | $171.6M | +21% |
| Q1 2026 | $166.3M | +14% |
| Q4 2025 | $147.4M | +7.8% |
| Q3 2025 | $147.1M | +8% |
| Q2 2025 | $142M | +1% |
| Q1 2025 | $145.5M | +0.4% |
| Q4 2024 | $136.8M | +11% |
EXPO's revenue has grown year over year for 11 quarters in a row: $174M last quarter, up 18% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 24% | +4.4 points |
| Q2 2026 | 16% | +4.2 points |
| Q1 2026 | 25% | -5.7 points |
| Q4 2025 | 20% | -0.2 points |
| Q3 2025 | 20% | +0.8 points |
| Q2 2025 | 12% | -13 points |
| Q1 2025 | 31% | +9.3 points |
| Q4 2024 | 20% | +5 points |
EXPO has the edge over VRT on profitability, with a higher operating margin.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over EXPO on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT's operating margin was 23% last quarter, up 3.5 points from the same quarter a year ago, near the top of its range since 2020.
EXPO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $62.1M | +107% |
| Q2 2026 | $29.1M | -14% |
| Q1 2026 | -$3.4M | -162% |
| Q4 2025 | $52.9M | -1% |
| Q3 2025 | $30M | +7.1% |
| Q2 2025 | $33.9M | -28% |
| Q1 2025 | $5.5M | -38% |
| Q4 2024 | $53.5M | -23% |
EXPO generated $141M in free cash flow over the past year, up 14% from the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over EXPO on cash flow, with more consistent year-over-year improvement.
EXPO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -565K shares |
| 1 year | -5.4% | -2.8M shares |
| 3 years | -6.2% | -3.2M shares |
| 5 years | -9.2% | -4.9M shares |
| Available history | -10% | -5.4M shares |
EXPO has the edge over VRT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $67.4M |
| Q1 2026 | $78.8M |
| Q4 2025 | $24.4M |
| Q3 2025 | $40M |
| Q4 2024 | $1,000 |
| Q3 2024 | $1,000 |
| Q2 2024 | $244,000 |
EXPO spent $171M buying back its own shares over the past year.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has 393M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
EXPO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | -0.9x | Net Cash |
| Q4 2025 | -1.7x | Net Cash |
| Q3 2025 | -1.6x | Net Cash |
| Q2 2025 | -1.9x | Net Cash |
| Q1 2025 | -1.7x | Net Cash |
| Q4 2024 | -2.0x | Net Cash |
EXPO has the edge over VRT on leverage, with a lower net debt burden relative to earnings.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has more cash than debt.
EXPO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 73.5 | Overbought |
| Stochastic | 82.5 | Overbought |
EXPO's weekly RSI is 73 (overbought) and its Stochastic is 83 (overbought).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
EXPO PE vs Industrials Sector
| Metric | EXPO | Sector median | Relative |
|---|---|---|---|
| PE | 37x | 24x | 55% above |
| PE % | 21 | 58 | 37 pts below |
EXPO has the edge over VRT on valuation relative to its sector.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
EXPO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $75.1 | 15% above |
| 20 week MA | $69.7 | 24% above |
| 50 week MA | $68.2 | 27% above |
| 100 week MA | $72.7 | 19% above |
| 200 week MA | $83.0 | 3.9% above |
EXPO has the edge over VRT on trend strength, trading above more of its moving averages.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above its 200-week average.
EXPO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $69.5 | $88.8 | +28% |
| 2021 | $88.8 | $114.0 | +28% |
| 2022 | $114.0 | $100.6 | -12% |
| 2023 | $100.6 | $88.0 | -12% |
| 2024 | $88.0 | $89.4 | +1.6% |
| 2025 | $89.4 | $71.4 | -20% |
| 2026 YTD | $71.4 | $86.2 | +21% |
EXPO has finished lower in three of the last six years. It's up 21% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over EXPO on returns for 2026, with the stronger performance.